Original Broadcast Date: August 11, 2022
Summary: Having a sound budget is essential for every nonprofit and charity. A sound budgeting process allows organizations to better manage their funds and provides greater transparency to funders. However, creating a good budget comes with its challenges. We often see organizations delay their budgeting process due to a lack of resources and financial acumen. The lack of alignment between revenue recognition and cash flow also makes it harder for organizations to plan for the fiscal year which can lead to unnecessary surprises.
Resources from this webinar
Download the Slide Deck
Nonprofit Budgeting 101 Free eBook
Watch the recording
About the Presenter
Omar Visram, CPA, CA
Omar is the Co-Founder and CEO of Enkel Backoffice Solutions, which he founded in 2016. For over 15 years, Omar has been active in the Canadian taxation, strategic planning, audit advisory, and finance operations disciplines within senior roles at KPMG and BCAA. Prior to founding Enkel, Omar worked to launch BCAA’s Evo car-sharing business by managing the fleet operations and customer experience teams from launch to full-scale operations
Omar holds a BBA from Simon Fraser University and is a qualified CPA, CA.
Christine Kecser
Christine Kecser is the Controller, NPO Division, at Enkel Backoffice Solutions. Prior to joining Enkel, Christine was very active in the nonprofit accounting and audit sector in Ontario where she was an accounting professor at the School of Business at Conestoga College, a leadership finance coach and consultant, and Executive Director at Cambridge Shelter Corporation. Christine brings over 30 years of finance and bookkeeping experience to the table and is passionate about the Non-Profit sector and helping organizations better manage their finance and operations.
Christine holds a BAcc from Goodman School of Business at Brock University.
“Thank you for a valuable free resource that wasn’t trying to sell anything. Much appreciated!“
– Past CharityVillage Webinar Participant